After SPY Bottoming, This Comes
S&P 500 was off to a rocky opening yesterday, but we made it – and the market breadth that I cautioned clients about, did improve as befits such an up day. …
Read MoreFinancial
Eurozone PMI Sounds The Alarm About Growth Once More
Image source: The composite PMI dropped from 50 to 48.1, once more stressing growth concerns for the eurozone. Hard data has actually come in better than expected recently – so ahead of the …
Read More EUR/JPY Price Prediction: November Bear Trend Unfolds
EUR/JPY is declining in a short-term downtrend which started in November. The pair is likely to continue lower given technical analysis theory. EUR/JPY staircases down from its Halloween peak as …
Read More GBP/USD Price Analysis: Hits 6-Month Low As UK Sales Slump
The GBP/USD price analysis shows weaker consumer spending in the UK, which has pushed the pound to a six-month low. On the other hand, the US labor market remains resilient, …
Read More Euro Sinks To Fresh 2024 Low
Image Source: We come into Friday with the US Dollar having extended its run of yearly gains against the Euro and New Zealand Dollar, and multi-week gains against the Pound. …
Read More Starbucks Considers Stake Sale In China: What It Means For SBUX Stock
Image Source: Starbucks may sell a stake in China to local investors amid slumping sales. China accounts for 9% of Starbucks revenue but faces fierce competition. SBUX stock gains …
Read More Trump Victory Sends BTC Soaring; Anti-Crypto SEC Chairman Set To Resign
Image Source: SEC Chairman Gary Gensler announced Thursday he will on January 20, 2025, coinciding with President-elect . The departure of the Securities and Exchange Commission’s 33rd chairman comes amid rising cryptocurrency …
Read More “Trumpflation” Risks Likely Overstated
With the re-election of President Donald Trump, the worries about tariffs and pro-business policies sparked concerns of “Trumpflation.” Inflation has been a top concern for policymakers, businesses, and everyday consumers, especially …
Read More Brent Prices Surge Amid Geopolitical Tensions
Brent crude trades above $74 a barrel Heightened risk premium amid geopolitical escalation OPEC+ meeting on December 1 to reassess production Sluggish demand from China complicates outlook Technical indicators show mixed short and long-term trends …
Read More Bitcoin Price Is Approaching 100,000
Image Source: At Thursday’s close, the Dow Jones Industrial Average (US30) was up 1.06%. The S&P 500 Index (US500) closed positive 0.53%. The Nasdaq Technology Index (US100) was up 0.36%.The …
Read More